Historic MoU Exchange Secures ₹66,000 Crore Investment in India's Maritime Sector

On September 19, 2025, a significant MoU exchange ceremony in Bhavnagar marked a pivotal moment for India's maritime sector, securing over ₹66,000 crore in investments. The agreements, involving 27 MoUs, aim to enhance shipbuilding, port infrastructure, and sustainable transport solutions, creating 1.5 lakh jobs and positioning India as a global maritime leader. Key projects include the Bahuda Port development and a Water Metro project in Patna, alongside collaborations with international partners for shipbuilding clusters and energy independence initiatives.

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